Close The LoopASX:CLG +3.70% Return-on-Tangible-Equity is 0.00% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 225 Waste Management companies, Close The Loop ranks worse than 444444% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Close The Loop's annualized net income for the quarter that ended in Dec. 2025 was A$-65.6 Mil. Close The Loop's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$-4.1 Mil. Therefore, Close The Loop's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was N/A%.
The historical rank and industry rank for Close The Loop's Return-on-Tangible-Equity or its related term are showing as below:
During the past 4 years, Close The Loop's highest Return-on-Tangible-Equity was 158.66%. The lowest was 0.00%. And the median was 89.35%.
ASX:CLG's Return-on-Tangible-Equity is not ranked *
in the Waste Management industry.
Industry Median: 9.1 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Close The Loop (ASX:CLG) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Close The Loop Return-on-Tangible-Equity Related Terms
Close The Loop Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Close The Loop's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:CLG vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Close The Loop's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Close The Loop Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Close The Loop's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Close The Loop's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Close The Loop (ASX:CLG) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Close The Loop and its competitors. According to the industry distribution chart, Close The Loop ranks #999999 out of 225 companies in the Waste Management industry.
Is Close The Loop's Return-on-Tangible-Equity too high?
Close The Loop's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Close The Loop ranks #999999 out of 225 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Close The Loop's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Close The Loop ranks #999999 out of 225 companies for Return-on-Tangible-Equity. This places Close The Loop in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.10, based on 225 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Close The Loop and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Close The Loop's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Close The Loop stock overvalued right now?
Based on GuruFocus' analysis, Close The Loop (ASX:CLG) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.32, compared to a current price of A$0.03 — trading 91.3% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Close The Loop (ASX:CLG), the current Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging. The company generates key revenue from resource recovery segment.
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